SA: JP Morgan AI model shows sentiment sour on Fed and taxes, fading on buybacks
SEEKING ALPHA reports: Corporate sentiment is weak overall given financial conditions, according to J.P. Morgan’s proprietary ...
SEEKING ALPHA writes:
Shanghai’s shutdown is proving to be a supply chain and logistical nightmare as roughly 10,000 tankers, bulkers, and other vessels attempt to bypass the world’s busiest port. As constraints continue, exchange traded funds that capitalize from the global supply chain market have come into focus.
Three funds that stick out are the Global Sea to Sky Cargo ETF (NYSEARCA:SEA), ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL), and the SonicShares Global Shipping ETF (NYSEARCA:BOAT).
Supporting SEA, SUPL, and BOAT are key shipping and container firms like ZIM Integrated Shipping Services (ZIM), Star Bulk Carriers Corp. (SBLK), Matson, Inc. (MATX), Hapag-Lloyd (OTCPK:HPGLY)…
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